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Dollar Tree to Close 75 Stores While Opening 400 in Expansion Push
Dollar Tree (NASDAQ:DLTR) will close 75 stores in fiscal 2026 but open 400 new ones, resulting in 325 net new locations. Multi-price conversions now cover about 63% of its network.
Oracle's Share Plunge Triples Dilution from $20B Equity Plan
Oracle shares fell 63%, nearly tripling the dilution from its $20 billion equity plan. S&P downgraded the stock to BBB- on a projected $42 billion free cash flow shortfall for fiscal 2027.
Alphabet's Cloud Revenue Nears Search Growth
Ahead of its Q2 earnings, Alphabet's cloud growth is nearly matching Search in dollar terms, raising the stakes for AI investment returns.
Domino's Pizza Surges on Supply Chain Growth; Earnings Miss Estimates
Domino's Pizza shares jumped 6.5% in premarket trading despite missing earnings and same-store sales estimates, as supply chain revenue drove the beat.
Nokia Shares Rise Ahead of Q2 Earnings Amid Steep Profit Challenge
Nokia shares rose 3.03% ahead of Q2 earnings, but the company still faces a 72% profit challenge in the second half, requiring €1.70B in operating profit to meet consensus.
Chip Giants Dominate KOSPI as ETF Unwinding Boosts Concentration Risk
Samsung and SK Hynix accounted for 50.33% of KOSPI value at Monday's close, driving 48.2% of the index's 4.46% decline. ETF unwinding amplifies concentration risk.
AMC Surges 16% Premarket on Record Q2 Revenue and Operating Leverage
AMC shares surged 16% premarket after Q2 revenue hit a record $1.597B and adjusted profit beat expectations, driven by strong operating leverage.
World Cup 2026 Boosts Local Spending, Hotels Lead with Price Hikes
The 2026 FIFA World Cup drove a 17.4% surge in non-local spending across U.S. host cities, with hotels capturing most benefits through higher rates rather than occupancy gains.
Riyadh Air Expands Fleet with Airbus and Boeing Orders
Riyadh Air's 34-jet expansion lifts Airbus' near-term backlog, while Boeing's 28 orders, mostly pending, hold larger long-term revenue potential.